Week Ending: 28 August 2026

United States US Financial Services Industry

Insurance - Reinsurance

For the week ending 28 August 2026, Insurance - Reinsurance advanced 0.74% with 6 advancing, 2 declining, and 0 unchanged constituents. The index is equal weighted and the constituent tape shows uncapped security returns.

Current architecture Deceleration

The positive Trend gate remains, but fan energy or fast-line momentum is cooling.

72 technical evidence
Index2129.57 1 week0.74% Breadth75% Members8
Country 🇺🇸 United States · US
Sector Financial Services
Universe NASDAQ, NYSE
Price basis Adjusted weekly close

Trend architecture

Index, activity fan and structural anchors

Rolling 156-week evidence. Trend Signal points mark weeks when price, trend and the activity fan confirmed together.

Index Value Trend Line Fair Value Activity Lines Constructive architecture Transitional architecture Defensive architecture
Current architecture Deceleration 3 completed weeks in this state
Trend acceptance 4.7% Index versus Trend Line
Persistence 100% Positive across every horizon
Participation 75% 6 advancing, 2 declining

Investor positioning lens

Is the evidence ready for capital?

A rules-based technical classification using trend, breadth, persistence, relative strength and path quality.

Current posture Wait for re-acceleration

Headline strength is not yet confirmed by the current Activity Line energy and constituent trend mix.

72 technical evidence
out of 100
Evidence balance

Five-pillar map

Wait
Trend
73
Breadth
67
Persistence
84
Relative
53
Risk quality
90
What supports the view
  • The index remains above a constructive Trend gate.
  • Participation is broad enough to support the index move.
  • Constituent trends show positive multi-horizon persistence.
What restrains conviction
  • The group is not yet delivering dependable relative outperformance.
  • Activity Line energy is decelerating despite the positive Trend gate.
  • Positive contribution is concentrated in a small leadership cohort.
Independent sentiment overlay Sentiment held separate

Qualified news coverage is too thin to alter the technical positioning view.

Evidence that would change the view
  1. A completed weekly reclaim of 2,033.04, the higher of Trend Line and Fair Value, would improve the structural case.
  2. Breadth holding above 55% for several completed weeks would show that repair is spreading.
  3. Positive 13 and 26-week relative performance would confirm that capital is rotating into the group.

This is a weekly research classification, not personal investment advice. Sentiment is reported as an independent confirmation layer and does not alter the technical score.

Trend state and durability

Architecture, persistence and constituent regimes

The index path is tested against the underlying security-level trend evidence.

Index architecture Deceleration

The positive Trend gate remains, but fan energy or fast-line momentum is cooling.

State age3 weeks
Trend gateUp
Fan width3.81%
Fast versus slow change-3.32 pts
Above 17% Below 0%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence

Positive across every horizon

100% agreement

The 13, 26, 39 and 52-week trends all point upward, giving the advance broad horizon agreement.

13-week
9.3%
26-week
7.3%
39-week
14.1%
52-week
5.3%
Regime age13 weeks 52-week flips4 52-week boundary2023.23
Constituent trend persistence

Is the index move broadly durable?

100% coverage
Coherent positive62%
Coherent negative12%
Average horizon agreement91%
Positive horizon share78%
Weakening positives1
Repairing negatives1

8 constituents measured as of 28 Aug 2026. Median trend age is 34 weeks.

Custom stage map

Where constituents sit in the cycle

88% coverage
Stage 1 · Basing14%1 securities
Stage 2 · Advancing71%5 securities
Stage 3 · Distribution14%1 securities
Stage 4 · Declining0%0 securities
Re-acceleration watch0 Transition watch0 Relative strength leaders71% Fair Value repairs1

Measured as of 28 Aug 2026. Stages summarize price, Activity Line architecture, Fair Value position and relative evidence.

Architecture breadth

How market energy is distributed

74/100 mean confidence
Upward expansion
43% 3
Rotation up
0% 0
Deceleration
43% 3
Balance
0% 0
Rotation down
14% 1
Downward expansion
0% 0
Unresolved
0% 0

Architecture breadth shows the distribution of expanding, rotating, balancing and contracting securities. It is diagnostic context and is not added as a second vote in the positioning score.

Capital rotation

Performance relative to Financial Services

Weakening
Relative index 13-week relative trend Starting level
Rotation dashboard Weakening

A rising relative line means this group is compounding faster than Financial Services. A falling line means capital has done better in the parent benchmark.

Relative index102.9
13-week trend105.1
4-week trend change0.29%
Weekly peer rank8 of 15
1 week
0.8 pts relative
4 weeks
-3.6 pts relative
13 weeks
4.7 pts relative
26 weeks
-1.0 pts relative
52 weeks
0.5 pts relative

Market internals

Participation, dispersion and path risk

Equal-weight index evidence with constituent-level breadth and dispersion.

Breadth

Participation quality

Broad
Advancing
6
Declining
2
Unchanged
0
4-week average 50%
13-week average 59%
Risk and persistence

Path quality

52-week lens
Annualised weekly volatility18.0%
Drawdown from 52-week high-5.8%
Positive weeks, last 1362%
Current directional run1 week
Turnover versus 13-week norm60%
Breadth impulse17.7 pts
Cross-section

Return distribution

8 measured
Q1 0.0% Median 1.1% Q3 2.1%
Average winner1.5%
Average loser-1.7%
Dispersion1.5 pts
Top-five upside share94%
Top-five capital share99%
Capital data coverage100%

Dispersion describes how far constituent outcomes are spreading apart. Capital concentration is contextual only; the index itself is equal weighted.

Momentum cycle

30-week persistence

Positive readings show expansion. Negative readings show contraction.

Breadth cycle

Net participation

Advancers less decliners as a percentage of measured constituents.

News and narrative

Does company news confirm the market tape?

Open Sentiment Intelligence
Sentiment evidence is still developing

Qualified company-level news coverage is not yet broad enough to influence the group view.

1 qualified records across 8 measured constituents.

Leadership tape

Leaders, laggards and contribution shape

Latest completed week, ranked on uncapped constituent returns.

Leading edge

1 SPNTSiriuspoint Ltd
2.33% 2 RNRRenaissancere Holdings Ltd
2.25% 3 EGEverest Group Ltd
2.04% 4 HGHamilton Insurance Group, Ltd.
1.12% 5 RGAReinsurance Group of America
0.99%

Weakest edge

8 KGKestrel Group, Ltd.
-1.82% 7 OXBROxbridge Re Holdings Ltd
-1.50% 6 GLREGreenlight Capital Re Ltd
0.52% 5 RGAReinsurance Group of America
0.99% 4 HGHamilton Insurance Group, Ltd.
1.12%

Constituent ledger

Industry constituents

All 8 measured constituents, ranked by latest weekly return.

Rank Ticker Company Exchange Market cap Close Index contribution Return
1 SPNT Siriuspoint Ltd NYSE 2.79B 24.18 0.29 pts
2.33%
2 RNR Renaissancere Holdings Ltd NYSE 13.69B 330.74 0.28 pts
2.25%
3 EG Everest Group Ltd NYSE 14.45B 377.61 0.26 pts
2.04%
4 HG Hamilton Insurance Group, Ltd. NYSE 3.47B 35.35 0.14 pts
1.12%
5 RGA Reinsurance Group of America NYSE 16.04B 245.54 0.12 pts
0.99%
6 GLRE Greenlight Capital Re Ltd NASDAQ 501.70M 15.37 0.07 pts
0.52%
7 OXBR Oxbridge Re Holdings Ltd NASDAQ 10.54M 1.31 -0.19 pts
-1.50%
8 KG Kestrel Group, Ltd. NASDAQ 58.77M 7.57 -0.23 pts
-1.82%

The index uses capped equal-weight weekly constituent returns. The ledger shows uncapped security returns so outliers remain visible for research.

Evidence context